Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.018%
Price spread now: Extended against Lighter+0.046%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.046%, 7d avg +0.035%
=Together, before fees−0.018%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02504 | 0.0096 | pay 0.0012% / 1h | 32m 32s | $805K | $766K | 10x |
| Short | Extended MON-USD | 0.02505 | 0.0104 | get 0.0013% / 1h | 32m 32s | $60K | $328K | 10x |
Lighter MON
Extended MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.68
- Price spread: +0.046% → +0.035%
- $1.19
- Slippage, 4 orders
- −$89.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$91.32
- Costs to cover
- 0.942%
- Break-even
- 387.5 days
Slippage from Lighter: live order book, 62 min ago; Extended: live order book, 65 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 62 min ago | 9.99 bp | 20.4 bp −$20 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell Extended live order book, 65 min ago | 6.01 bp | 28.1 bp −$28 | 292.3 bp −$2,923 | doesn't fit | doesn't fit |
MON on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0140% | 1h | 0.02504 | 0.000% | $111K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | +0.040% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02518 | +0.551% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02502 | −0.072% | $73K | $137K | 25x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02504 | long leg | $805K | $766K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02502 | −0.099% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02505 | +0.052% | $33.8M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02502 | −0.064% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02502 | −0.068% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02504 | 0.000% | $139K | $91K | 3x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02502 | −0.081% | $23.8M | $27.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02499 | −0.200% | $20.9M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02499 | −0.200% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | +0.623% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02503 | −0.040% | $939K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02505 | +0.040% | $2.9M | $771K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02504 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02510 | +0.223% | $747K | $392K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02510 | +0.258% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02513 | +0.359% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02518 | +0.559% | $68K | $544K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02506 | +0.072% | $389K | $575K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02503 | −0.040% | $16K | $40K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02503 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USDshort | +0.0104% | 1h | 0.02505 | +0.046% | $60K | $328K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02500 | −0.140% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0112% | 1h | 0.02503 | −0.032% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02501 | −0.108% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02501 | −0.120% | $1.3M | $369K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02509 | +0.196% | $119K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0477% | 1h | 0.02513 | +0.356% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02525 | +0.839% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0799% | 1h | 0.02506 | +0.084% | $269K | $118K | 10x | as long as short |
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
Orderly PERP_MON_USDC
SoDEX MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD